Quote from: sterlingcapital on March 03, 2014, 01:26:14 AM

Quote from: kangaroo303 on March 03, 2014, 01:01:00 AM

The guys posting here are right in that you should be buying at the current price, but DO NOT SELL WHAT YOU HAVE AT A LOSS. Hold on to what you have and buy more at a lower price if you can afford it, but don't lose by playing a low-ball swap-out game.

A reminder, everyone on here, including me, are randoms that are trying to get YOUR money at the end of the day. Thats how this works. Just like the miners that make money from selling at any price, speculators make their profits from buying coins that you get rid of too cheaply. Don't just take it from me, you can't trust my advice. Just like them, you don't know me; you shouldn't let these guys run your finances because they have an agenda.

What I can tell you is that if you do what they say, and sell your coins for a loss, you are making THEM money by giving them a cheap coin and losing money yourself right away on the trade in hopes for a better price to re-buy at in the future. That isn't a smart trade unless you bought the coin at a price with a lot of flexibility (buy .03000000, bear past .02500000 stop-loss sell) but in this case, you have almost nowhere to go.

Don't sell too low, just hold on and buy more if you can afford it.

agree, plus it does cost money to mine and sell the coin, u cannot make anything dumping at 2 satoshi

You can make a lot of money at 2 satoshi if your equipment and electricity is free. Botnets using micro-processing power or employees/students using their school or work pc networks will make money no matter what. This probably happens a lot in countries other than the US.